Abstract

Blockchain systems establish a cryptographically secure data structure for storing data in the form of a hash chain. We use a novel combination of distributed storage, private key encryption, and Shamirs secret sharing scheme to distribute transaction data, without significant loss in data integrity. Additionally, using Shamirs secret sharing scheme on the hash values and dynamic zone allocation, we further enhance the integrity. We highlight the tradeoff in storage cost and data loss probability with varying zone size choices. We also study the tradeoff between recovery cost and security from adversarial corruption with varying recovery mechanisms. Then, we formulate code design, given a probability of data recovery and targeted corruption, as an integer program. Using the coding scheme we establish a mechanism to insure data, for instance in blockchain-based cloud storage systems, based on the value of the data, by understanding the costs involved for the service provider.

Original languageEnglish (US)
Title of host publication2018 Information Theory and Applications Workshop, ITA 2018
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728101248
DOIs
StatePublished - Oct 23 2018
Event2018 Information Theory and Applications Workshop, ITA 2018 - San Diego, United States
Duration: Feb 11 2018Feb 16 2018

Publication series

Name2018 Information Theory and Applications Workshop, ITA 2018

Other

Other2018 Information Theory and Applications Workshop, ITA 2018
Country/TerritoryUnited States
CitySan Diego
Period2/11/182/16/18

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Information Systems
  • Software
  • Information Systems and Management
  • Theoretical Computer Science

Fingerprint

Dive into the research topics of 'Distributed storage meets secret sharing on the blockchain'. Together they form a unique fingerprint.

Cite this